Amendment to Illinois Mechanics Lien Act Authorizes Bonding Over of Mechanics Liens Claims

As of January 1, 2016, an amendment to the Illinois Mechanics Lien Act, 770 ILCS. 60/38.1, allows parties with an interest in real estate to substitute an eligible surety bond for a claim for mechanics lien as security for real estate. The law will change the way many construction projects are handled in Illinois.   Read the article…………..


Related Articles

Developing Issues in Utah Construction Defect Litigation

Following the Utah Supreme Court’s decision in Davencourt at Pilgrim’s Landing Homeowners’ Association v. Davencourt at Pilgrim’s Landing, which clarified

Condominium Deconversions: Examination of a Section 15 Sale (IL)

Until recently, the word “conversion” was generally thought to mean the process through which an apartment building was converted into

Second District Reversed Order Denying Motion To Compel Arbitration (FL)

Pulte Home Corp. sought review of an order denying its renewed motion to compel arbitration of an action brought by